AfriGO, Nigeria’s national domestic card scheme powered by Afrigopay Financial Services Limited (AFSL), has announced a strategic partnership with Moniepoint Inc. This collaboration is set to drive the distribution of 5 million AfriGO cards and introduce contactless, tap-to-pay solutions, reinforcing Nigeria’s commitment to a cashless economy. By leveraging Moniepoint’s extensive agent network and robust infrastructure,…
Visa has appointed Michael Berner as the new Head of Southern and East Africa, overseeing operations across 24 markets. He will report to Andrew Torre, Visa’s Regional President for Central and Eastern Europe, Middle East, and Africa (CEMEA), and will remain part of Visa’s CEMEA regional leadership team. Based in Johannesburg, Michael steps into this…
South Africa’s electric vehicle market is expanding rapidly, and with it comes the need for seamless, efficient payment solutions at charging stations. EFT Corporation, in partnership with Rubicon, Visa, and Verifone, is leading this transformation by deploying a cloud-based, open-loop payment system for EV charging stations. This innovation eliminates the need for pre-funded wallets and…
Dashen Bank has partnered with Accion and the Mastercard Center for Inclusive Growth to drive financial inclusion for Ethiopia’s micro, small, and medium enterprises (MSMEs). Through this collaboration, the bank is establishing an innovation hub that will develop digital financial services tailored to the needs of small businesses, with a particular focus on women-owned enterprises….
Absa Bank Kenya, in collaboration with the International Trade Centre (ITC), has launched the Access to Finance Accelerator programme to enhance financial access for women entrepreneurs engaged in export businesses. This six-week initiative is set to provide comprehensive training to empower women with the tools and skills they need to thrive in international trade.
KCB Bank Kenya and UnionPay International (UPI), a subsidiary of China UnionPay, have announced a strategic partnership to enhance e-commerce payment capabilities in Kenya. The collaboration aims to enable UnionPay cardholders to transact seamlessly on digital platforms, marking a significant advancement in the country’s online payment landscape.
Ethio telecom and the African Development Bank (AfDB) have officially initiated strategic talks aimed at propelling Ethiopia’s digital transformation and strengthening Africa’s digital economy. In a high-level meeting held at Ethio telecom’s headquarters, AfDB Vice President H.E. Mr. Solomon Quaynor, along with senior officials, met with CEO Frehiwot Tamru to discuss potential financing opportunities for the telecom giant’s ambitious plans.
Mastercard has taken a major step in expanding its presence in West Africa with the opening of its first office in Accra, Ghana. This strategic move underscores Mastercard’s dedication to supporting the region’s rapidly growing digital economy. By offering tailored financial products and services, Mastercard aims to strengthen its role in Ghana’s financial landscape and foster inclusive growth in the country.
